16 Atlantic Crossing
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $649,000 | |
| Listed | |||
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Stunning New Construction home designs and quality finish work in New Swampscott neighborhood, Atlantic Crossing, of 14 homes. Open floor plan, offering living room, dining/high end kitchen and half bath on first floor, 4 bedrooms and 2 full baths and laundry on the second floor. Two-car garage and unfinished basement. Home Owner Association handles landscaping and snow plowing. Pick your lot and your new home and enjoy an easy lifestyle in a beautiful, North Shore, seaside community. Make selections and be involved in building your new home! Visit website for more information and interior sample photos: www.AtlanticCrossingSwampscott.comThe manager has listed the unit size as 2193 square feet.
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| Mar 10, 2017 | Listed by RE/MAX Advantage Real Estate | $649,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
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